Money sent or brought back by migrants as a share of GDP in Cayman Islands
Cayman Islands: Money sent or brought back by migrants as a share of GDP was 0.1% in 2024. ▼ Falling
Money sent or brought back by migrants as a share of GDP in Cayman Islands, 2016–2024
Source: World Bank staff estimates based on IMF and OECD data (2026) – processed by Our World in Data. Measured in % of GDP.
Analysis
In 2024, money sent or brought back by migrants as a share of gdp in Cayman Islands stood at 0.1%. That is the lowest value across all 9 years on record.
Compared with earlier readings it is down 0.2% on the previous year and down 46.2% over ten years.
Over the whole period, money sent or brought back by migrants as a share of gdp in Cayman Islands peaked at 0.3% in 2017 and was at its lowest, 0.1%, in 2024.
That places Cayman Islands 170th out of 194 countries with data for 2024, putting it in the bottom quarter.
Money sent or brought back by migrants as a share of GDP in Cayman Islands, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2016 | 0.3% | — |
| 2017 | 0.3% | +9.6% |
| 2018 | 0.3% | -14.5% |
| 2019 | 0.2% | -7.6% |
| 2020 | 0.2% | -33.1% |
| 2021 | 0.2% | +5.8% |
| 2022 | 0.2% | +13.7% |
| 2023 | 0.1% | -22.6% |
| 2024 | 0.1% | -0.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 0.3% | 0.2% | 0.3% | 4 |
| 2020s | 0.2% | 0.1% | 0.2% | 5 |
Countries ranked near Cayman Islands
More population data for Cayman Islands
- Un population 2024 vs 2022, annual growth rate 0.1832 % change on previous year (2100)
- Population long run with projections, annual growth rate -0.0474 % change on previous year (2100)
- Urban and rural population 2050, annual growth rate -100 % change on previous year (2045)
- Population regions with projections, annual growth rate -0.0474 % change on previous year (2100)
- Population growth rate, by level of development -0.1% (2100)
- Number of children under 5, by world region 5,086 people (2100)
- Population density 491.8 people per km² (2100)
- World population growth -0.1% (2100)
- Projected population under age 5, annual growth rate -0.4891 % change on previous year (2100)
- Urban and rural population 2050, per capita 0 units per person (2025)
Frequently asked questions
- What is money sent or brought back by migrants as a share of gdp in Cayman Islands?
- Money sent or brought back by migrants as a share of gdp in Cayman Islands was 0.1% in 2024, according to World Bank staff estimates based on IMF and OECD data (2026) – processed by Our World in Data.
- What is the highest money sent or brought back by migrants as a share of gdp recorded in Cayman Islands?
- The highest recorded value was 0.3% in 2017.
- What is the lowest money sent or brought back by migrants as a share of gdp recorded in Cayman Islands?
- The lowest recorded value was 0.1% in 2024.
- How does Cayman Islands rank for money sent or brought back by migrants as a share of gdp?
- Cayman Islands ranks 170th out of 194 countries with data for 2024.
- Is money sent or brought back by migrants as a share of gdp rising or falling in Cayman Islands?
- Over the last ten years it is down 46.2%. The long-run trend across the full record is falling.
- Where does this Cayman Islands data come from?
- The figures come from World Bank staff estimates based on IMF and OECD data (2026) – processed by Our World in Data, published as part of Money sent or brought back by migrants as a share of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 9 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Money sent or brought back by migrants refers to remittances a country has received in this year.